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re: I can’t help but think a lot of people driving newer cars with upside down loans

Posted on 5/8/24 at 8:12 pm to
Posted by Robin Masters
Birmingham
Member since Jul 2010
30173 posts
Posted on 5/8/24 at 8:12 pm to
I get that a big car note is not always smart but not sure you’ve priced auto repair lately.

Rarely do you get out for less than $2000.

Driving a beater can be expensive too.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13952 posts
Posted on 5/8/24 at 8:18 pm to
quote:

I get that a big car note is not always smart but not sure you’ve priced auto repair lately.

Rarely do you get out for less than $2000.

Driving a beater can be expensive too.

“Rarely” less than $2k? This is nonsense.

This is what people tell themselves to justify the new ride.
Posted by TxTiger82
Member since Sep 2004
33973 posts
Posted on 5/8/24 at 8:55 pm to
quote:

not sure you’ve priced auto repair lately


Newer, more computerized cars are more expensive to repair.
Posted by ronricks
Member since Mar 2021
7266 posts
Posted on 5/9/24 at 4:28 am to
quote:

Driving a beater can be expensive too.


2005 Toyota Camry with 160,000 miles and nothing but oil changes, tires and brakes. I hope to get another four years out of it which shouldn’t be a problem. It’s a POS but sure beats the $800 and $900 car payments my co workers have.
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